Word: trusted
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...there a credit crunch? Was there ever? Those questions may seem absurd. Throughout the autumn, the interest rate banks charge each other broke one record after another as trust between institutions evaporated, investors stashed so much cash in super-safe Treasuries that yields approached zero, and the private securitization market for mortgages, which keeps capital flowing for more home loans, disappeared. Lehman Brothers collapsed when no one would loan it money, and any number of other firms - AIG, Citigroup, GM - went hat in hand to the U.S. government, lender of last resort. (Read TIME's Top 10 Financial Collapses...
...officious Aspen (Lucy Lawless of Xena renown); and the potential prize and troublemaker is Nottingham's sexy daughter Violet (Teresa Palmer). When Skeeter's sister (Courteney Cox) goes out of town, she entrusts him with her two children (Jonathan Morgan Heit and Laura Ann Kesling). Actually, she doesn't trust him, so she has her schoolteacher neighbor Jill (Keri Russell) keep a skeptical...
...Silverton, 54, and the many others like her, she'll have to start over. "My entire retirement, my kids' college funds, trust funds, were all invested in this. All I have is my restaurant now. We just can't believe...
...better or worse, our decision to invest was based on our faith in him, not unlike the way one puts trust in any stockbroker or financial adviser, but more so. If Stanley's running things, we'll go with it. This trust, the history of success, made it as good, if not better than any investment out there. Had we-and the many other devastated investors I've talked to over the last week-heard the name Madoff perhaps we would have checked him out, seen some of the red-flags, and maybe made a different decision...
...knew others were doing the trades, but I'm not sure I ever heard of Madoff," Silverton says. "You trust people that are better at investing than you, you go about building your business, doing your work, and you forget about it. You see the statements and you think you've made the best financial move of your life...